This is surely just confirming what people already suspected when they dumped their shares. Hopefully this downgrade is already baked into the current price.
Unlike corporate travel, holiday makers will only delay their getaway rather than cancel it completely. I bought some more Webjet shares this week as I suspect there'll be a spike in bookings once the fear subsides.
Ann: Webjet withdrawals FY20 Earnings Guidance, page-4
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Last
$8.59 |
Change
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Mkt cap ! $3.359B | |||
| Open | High | Low | Value | Volume |
| $8.67 | $8.71 | $8.56 | $9.335M | 1.083M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4285 | $8.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.62 | 2446 | 1 |
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| WEB (ASX) Chart |